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Week in Review: Stronger-than-expected U.S. Jobs Report

Global equity markets were mixed this week, as a stronger-than-expected U.S. jobs report revived concerns that the Federal Reserve will need to maintain its aggressive pace of interest rate hikes to stem inflation.

Carrick Adds Zambia to Growing Suite of African Offices

Carrick Wealth has received its investment license to operate in Zambia, a development which will bring positive benefits to the region. This marks the company’s fifth African country in its growing suite of offices, with presence already established in South Africa, Mauritius, Malawi and Zimbabwe, and shows that Carrick’s bold African expansion plans are taking shape in earnest.

Carrick Opens New Workspace in Lilongwe to Grow Financial Services Offering

On 04 July 2022 Carrick Wealth officially launched a new work and meeting space in Lilongwe, Malawi. The workspace, located in the Latitude 13 Hotel, was identified as a priority to service the Malawian market for offshore financial advisory services.

Week in Review: U.S. stocks rally on upbeat earnings

Equities rise after tough 6 months

Week in Review: ECB Hikes Rates

The European Central Bank (“ECB”), the central bank of the 19 nations that share the euro currency, raised its benchmark rate by 50 basis points on Thursday, traders had expected a smaller hike of 25 basis points.